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    You are at:Home»News»Ghana-Germany trade grows 30% as GIPC, trade minister tout investment reforms
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    Ghana-Germany trade grows 30% as GIPC, trade minister tout investment reforms

    Papa LincBy Papa LincNovember 5, 2025No Comments2 Mins Read3 Views
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    Ghana-Germany trade grows 30% as GIPC, trade minister tout investment reforms
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    The roundtable underscored both nations’ shared commitment to expanding trade and investment The roundtable underscored both nations’ shared commitment to expanding trade and investment

    The Chief Executive Officer of the Ghana Investment Promotion Centre (GIPC), Simon Madjie, has reaffirmed Ghana’s strong commitment to upholding a transparent, stable and predictable business environment for international investors, particularly those from Germany.

    Speaking at a Ghana–Germany Business Roundtable held as part of the visit of the German President, Frank-Walter Steinmeier, Madjie said that recent policy measures are reinforcing investor confidence in Ghana’s economy.

    “Ongoing reforms to Ghana’s tax regime, supported by the establishment of a Tax Appeal Board, are improving transparency and investor confidence,” he stated.

    He added that Ghana’s political stability, sound governance, and ongoing economic recovery continue to make the country one of the most attractive destinations for investments in Africa.

    “Ghana remains a beacon of stability and opportunity. We are building a business environment that rewards innovation, transparency, and long-term partnership,” Simon Madjie said.

    On her part, the Minister of Trade, Agribusiness and Industry, Elizabeth Ofosu-Adjare, applauded the longstanding partnership between Ghana and Germany, emphasising the government’s ongoing efforts to maintain macroeconomic stability.

    “Flagship initiatives such as 24H+, Feed the Industry, and Rapid Industrialisation for Jobs are transforming the business landscape and promoting sustainable industrial growth,” she noted.

    Leading the German delegation, Dr Thomas Steffen, Secretary of State at Germany’s Federal Ministry for Economic Affairs and Energy, described Ghana as “a flagship of peace and stability,” adding that bilateral trade between the two countries has grown significantly.

    “Trade between Germany and Ghana has increased by 30 per cent, with potential for further expansion,” Dr Steffen said, reaffirming Germany’s commitment to deepening economic cooperation.

    The roundtable underscored both nations’ shared commitment to expanding trade, investment and industrial partnerships as Ghana continues to strengthen its position as a leading economic hub in West Africa.



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